Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

Judge Approves Port of L.A.’s ‘Clean Truck’ Program

A federal judge has upheld the Port of Los Angeles’ “clean trucks” plan to require drivers moving through the port to comply with hiring and maintenance rules.

August 27, 2010
Business, Fuel

Oil Rises to Finish Week Over $75 a Barrel

Oil rose almost $2 Friday to finish the week over $75 a barrel, posting its first weekly gain in three weeks, Bloomberg reported.

August 27, 2010
Business

Consumer Confidence Improves in August

Consumer confidence improved this month, according to the latest Thomson Reuters/University of Michigan monthly consumer sentiment index released Friday.

August 27, 2010
Business, Logistics

Intermodal Traffic Hits Second Straight Weekly High

Weekly intermodal traffic hit a 2010 high for the second straight week, the Association of American Railroads reported.

August 26, 2010
Business

Global Air Cargo Traffic Rises in July

Worldwide air cargo traffic rose 22.7% in July from a year ago, the International Air Transport Association said.

August 26, 2010
Business, Government, Safety

Celadon Group Plans Share Repurchase

Celadon Group said it plans to buy back as many as 2 million shares by Aug. 31 of next year.

August 26, 2010
Business

New Jobless Claims Decline for First Time in a Month

Initial jobless claims fell by 31,000 last week, the first decline in a month, the Labor Department said Thursday.

August 26, 2010
Business

Truck Tonnage Continues Gains, Rising 7.4% in July

Truck tonnage continued its string of year-over-year gains, rising 7.4% in July from last year, the eighth straight increase, American Trucking Associations said.

August 26, 2010
Business

Opinion: Step Van Drivers Have Earned a Spot in NTDC

If trucks had patron saints, step vans would claim Rodney Dangerfield as their own. The late comedian’s trademark quip, “I can’t get no respect,” describes how some in our industry view step vans.

August 26, 2010
Business, Equipment

Paccar’s Miss. Engine Plant to Open in December

Paccar Inc. has hired 90 workers for a truck engine plant in Mississippi, and the company expects to begin producing engines in December, the Associated Press reported.

August 25, 2010